Challenges of Implementing IT as the Value of a Business Increases

The value of a business surges with the expansion and growth of the business. The growth cuts through all spheres that pertain to that business; which include the customer base, area space, and assets. Most of these expansion activities are usually accompanied by a higher valuation of shares, alongside an overly increased number of business transactions and activities. The primary role of Information Technology (IT) in business is to integrate and harmonize data that relates to the various transactions that the business undertakes. As the value of a business is enhanced, the role of IT in that business set-up is intensified. This means that the IT department handles more transactions, huge data chunks, more computations, and a wider networking framework. The increase in the utility of IT as business gains value usually takes a heavy toll on the entire IT system hence lacing the whole activity with intricate challenges. 

Scale in computing or IT is usually difficult to manage. Since the computers in a specific business are often synchronized to a single network or server from which they access and process data, too many activities reduce the efficiency (Schlichter, 2011). The system can even crush and drown with its important data. Monitoring and supervision also pose a challenge. An increase in IT-based activities is usually very hard to keep track, hence loopholes may be created by employees for their gain. Repairs and services of IT equipment also become a nightmare as the business’ value increases. All transactions in a business should always be consolidated for easy assessment of progress and performance. The IT sector is exclusively responsible for creating this central system. The creation of this central system, its deployment, and supervision on a large scale is usually a challenge. Another challenge is that some employees may require special training on using particular commands, functions, and software within the IT system installed in a business. 

Reference 

Schlichter, B., R. (2011). IT in Business. LA: McGraw Hill publishers.